Are nonprofits affected by the new tax laws?

If I am a nonprofit organization, and the monthly pledges people make are considered donations, how do the new tax laws affect both me and my patrons?

Thank you!

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Hi there! I run a 501c3 arts charity so I encountered this situation too!

I was advised by Patreon to set it to 100% General Support for treatment as donations. Just be sure you’re a registered 501c3. :slight_smile:

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Hi @manjari, thanks for reaching out! Like @Lawyerd said, you can set your tier(s) to 100% general support if that truly is the tier(s) purpose.

Let us know if you have any other questions! We’re always happy to help :slight_smile:

Wow! Thanks @reyna and @Lawyerd for such a quick response. Now I have set the benefits to General Support. Is there somewhere in settings I should enter nonprofit info, etc? Anything else I should do?

I think the only other thing is just to make sure you filled out your payout page tax info like so: